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, today is expected to be a quiet date for both president obama and mitt romney. neither candidate has any public events planned. behind the scenes, they're cramming for their first debate. chip reid is traveling with the romney campaign in boston. >> reporter: good morning, anthony. this debate is huge for both candidates. some republican strategists say if does not do well in this, it could be downhill from there. and president obama's advisors are very worried he could make a mistake giving mitt romney the opportunity he needs. >> my opponent thinks it's fair that somebody who makes $20 million a year like he does plays a lower tax rate than a cop or teacher who makes $50,000. >> at campaign appearances friday, president obama and mitt romney seemed to be previewing next wednesday's debate when the battle over taxes is expected to take center stage. romney say ts he'll hold the president accountable for misrepresenting his record. >> i will not raise taxes on middle income americans! >> reporter: the stakes in the debate are so high that both candidates will soon retreat into political
street journal marist poll shows president obama leading mitt romney in new hampshire. the two, however, are neck in >> reporter: earlier this week we were reporting new numbers for ohio and florida where president obama had a lead. new polls tell us in some battleground states it's much closer. mitt romney's message to donors last night. romney is only two points behind president obama there, but seven points behind in new hampshire. >> now your job is in danger. >> reporter: both sides came out swinging with new campaign ads on thursday. >> if i could sit down around with you at your kitchen table, here is what i would say. >> reporter: something new called economic patriotism. >> an economic patriotism rooted in the belief that growing our economy begins with a strong and thriving middle class. >> romney saying the nation's debt is more than just paper. >> that is held by somebody. someone holds that. >> reporter: even supporters are split on how romney can win this race. >> he has to get a little more fire in the belly. >> he needs to stick be the facts. it's all about the economy.
is promising to give $1 million to the pro-obama super pac priorities usa action. the former hedge fund manager also plans to donate half a million dollars to a pair of super pacs supporting democratic candidates for congress. even with the latest round of pledges, contributions by soros this cycle will pale in comparison to some donors on the republican side. casino magnate sheldon adelson has pledged to spend up to $100 million to defeat president obama and the democrats this year. president obama and republican challenger mitt romney each campaign thursday in the hotly contested battleground state of virginia. both candidates attempted to court virginia's large population of military voters. in an address in the military town of virginia beach, obama called for what he termed "economic patriotism." >> during the campaign season you hear a lot about patriotism. well, you know what? it is time for an economic patriotism. in economic patriotism rooted in the belief that growing our economy begins with a strong and thriving middle class. >> mitt romney spoke at an american legion hall in springf
is the focus of the presidential campaign. >> president obama and mitt romney will make stops in the commonwealth today. and romney's at he speaks directly to the camera demonstrating he does care about the concerns of average americans. >> the man at mitt romney is trying to replace will campaign in virginia beach this morning. an ad is airing in several battleground states including virginia ohio, and florida. >> 4:35 is the time ran out. a former manassas school employees pleaded guilty. the one hand to spend 20-30 years in jail after admitting to molesting at least eight boys. >> three people are in custody with connection of last month's beating. police have arrested 21-year- old . a crime spree they went on surely after the attack helped them make the arrests. his wife issued a statement. it says -- and business news, student loan debt continues to spiral out of control. >> a preview of the trading day ahead. >> we are keeping a close things going on overseas. china may announce stimulus measures to boost their economy while spain was a government is expected to present
mentioned president obama and mitt romney hitting the spring state of ohio in duelling events. the president speaking ott bowling green university. governor romney in bedford heights, pushing his economic plan to business leaders there. the polls show the president is holding a lead in the state. cnbc's chief washington correspondent john harwood has the latest on that. >> the 18 electoral votes in ohio are critical. no republicans won the white house without them. mitt romney is in a hole in ohio now. new york times cbs poll out this morning showed him down by 10 percentage points in ohio. other polls show it closer. everybody agrees he's behind. look at the numbers. it tells you about his ohio trouble from this poll when you ask people who's better on the economy, that's mitt romney's signature issue. barack obama by 51 to 45%. when you ask who would favor the rich, 8% say president obama. 58% say mitt romney. that's not good for him. when asked does mitt romney or barack obama understand the problems of people like you, by 59% to 38% people say obama understands, romney does not. that exp
say it, who president obama says he is not a friend of anyway. >> well it's true. what we see is the top 10 to 20% of households who do benefit a lot from stocks going up in the stimulus. they are still spending for two reasons. they get this benefit from the wealth effect but also people in there go to college and they tend to peak in their spending about five years after the average person. so the average person peaked in 2007. we think what is going to happen next year this stimulus will have less impact because these wealthier households will hit their peak in spending. their kids will get out of college and drop off and stimulus i think is going to work a bit, not as much as past qes. then it will fail by mid next year. i think stocks go up a bit. fourth quarter, maybe first quarter. then you could see a bigger crash. note that stocks keep going to higher highs and when they crash, this he go to lower lows. call it megaphone pattern. melissa: just making it is the durable goods order that came out to show durable goods fell 13.2% in august. that was the biggest drop since
hijacked the country's democracy. spain is preparing to cut billions in spending. >>> and president obama tells world leaders the u.s. will do what we must to keep iran from obtaining a nuclear weapon. the president spoke a short time ago at the u.n. general assembly. he has another big speech at the clinton global initiative later this hour. we'll bring it to you live. the president tried to turn up the pressure on iran. >> america wants to resolve the issue through diplomacy. we believe that in is time and space to do so. the time is not unlimited. we respect the right of nations to access peaceful nuclear power. we have to harness that power for peace. make no mistake. a nuclear-armed iran is not a challenge that can be contained. it could threaten the security of gulf nations and the stability of the global economy. >> the president's next major speech of the day is set to begin shortly. he addresses the clinton global initiative in new york. it's the annual gathering con veend by former president bill clinton. we'll take you there live as soon as president obama begins speaking. the
after the hour. president obama and mitt romney focusing on two battleground states this week, ohio and virginia. both candidates will campaign today in ohio. romney will continue his bus tour in columbus and toledo. the president will speak at two ohio colleges, bowling green and kent state. romney will be in our area tomorrow with an event at american legion post in springfield. and president obama will be in virginia beach. >>> the supreme court agreed to take up a drunk driving case to decide whether police can force suspected offenders into a blood test without a search warrant. it ces as a man in missouri failed a drunk driving test and refused to take a breth liathal. the police drove him to the hospital for a blood test without getting a search warrant. >>> today pepco is expected to vote on a contract proposal for some of its workers. if the deal is rejected, union workers could go on strike. in the meantime, the d.c. public service commission will vote on a potential rate hike today. last night dozens of customers upset about the possible hike staged a protest at pepco hea
for president. both president obama and mitt romney have both stopped campaigning this weekend. cramming their facts and honing their one-liners. it's your voice, your vote, with just 37 days left until the election. abc's david kerley is with us here at the desk. good to see you. >> nice to be here. dan, this is a big debate. this is part performance, part policy. the stakes are always high. but for mitt romney, some are saying it's make or break. and for the president, leading in the polls, it's about not letting his challenger back in the race. president obama is in nevada this morning where he'll spend the next three days in debate camp. reportedly at this posh resort in henderson. and he heads into the debate with the latest gallup tracking poll still showing president obama holding a lead this morning, 6 points. >> this is the ball game for mitt romney. if romney doesn't do well in this debate it will be hard to get back in this race. >> reporter: both candidates have checklists. mitt romney has to avoid appearing detached. his to-do list, the three cs, show compassion, that he's c
barack obama. get ready. i have arrow. melissa: i'm melissa francis. here is what is money tonight. president obama takes the stage at the u.n. general assembly vowing to stop iran from developing nuclear weapons at all costs. is it all talk and no walk? we'll get reaction from former new york city mayor rudely skrul. he is right next to me. at last gas prices going down. the drop from peak prices is far slower than many drivers would like. relief may not be around for long. we have details coming up. stop the madness. fury consumes the nfl. replacement refs blow a game-dieding -- game deciding call between the seahawks and packers. even when they say it's not it is always about money melissa: see i told you he was here. you saw him in the shot. take a look at today's market headlines. stocks stumble following comments from philadelphia fed president charles plosser. in an exclusive interview with fox business, he expressed skepticism about the latest stimulus and its ability to boost the economy. the dow closed down 101 points. >>> good day for shares of research in motion. the b
is already underway. it's a state president obama won in 2008 by more than 6% and where a polling average from real clear politics shows the president up by 4 1/2 points. this follows a busy day on the trail yesterday. both candidates held dueling rallies as they crisscrossed ohio. there mitt romney tried to brush back suggestions his campaign was faltering in the state of ohio after polls showed him trailing the president by ten points. >> i'm very pleased with some polls, less so with other polls. but frankly at this early stage, polls go up and down. i don't expect to get 100% of the vote. i hope to get 50 plus and make sure i become the next president. >> the republican candidates cited two national polls from gallup that he says have the numbers even. but the current nationwide gallup daily tracking poll has president obama lead 50g% to 44%. again that, is a national poll. not terribly significant. romney spent most of the day in ohio trying to repair the damage from the hidden video comments about the 47%. despite his attacks against president obama's health care law, romney highlig
refs back on the field. >>> candidate clash, president obama and mitt romney nearly cross paths as they campaign in key battleground states. >>> and under the sea. google takes its virtual street view to incredible new depths. captions paid for by nbc-universal television >>> hello, and good morning. welcome to our viewers across the nation, including the pacific time zone. i'm lynn berry. >>> and today we begin with game on. late last night the nfl reached a tentative deal with its referees and that ended this season's lockout. anger over the use of replacement refs spilled over after monday night's contest between the green bay packers and the seattle seahawks. the fill-in refs awarded a game-winning touchdown to seattle, though many felt the packers had made an interception. two days of marathon labor negotiations followed. the refs still have to vote on the deal, but commissioner roger goodell has lifted the lockout just in time for tonight's match-up between the cleveland browns and baltimore ravens. nbc's fred roggin will have few details coming up in just a few minutes in
. intrade.com gives president obama a 75% chance of winning. are you a buyer or seller of that stat? > > i just want to talk about how legitimate these prediction markets are. it's offshore, so people don't actually put money on who they think is going to win. it's gone from 70% to 75%, so i think obama's getting a little bit over-bought. not that i think romney is going to win, but i think there's some opportunity here. > > i have to disagree with you, and i really do, because i think the price is efficient, i think obama being 75% is the ultimate sign of crowdsourcing together. you can't say one's overvalued, one's undervalued. > > if you look at the chart, the chart would have broken the trend line at 40 for romney. markets often come back to their break-out point, so- > > i'm just saying it's the ultimate source for crowdsourcing. undervalued, overvalued, we'll find out in a few weeks. > > it is what it is. > > yes. > > round two: oil spill. crude oil has dropped around 10%. where is the outrage? people are so angry when those speculators step in and move oil to the upside. now that it
out of the battleground states. president obama breaking away from mitt romney in key regions with just 41 days to go. is romney poised to lose a must-win ohio? >>> party animal. how about this startling new twist on children's parties. that's right. that's a five-foot alligator in the pool with 8-year-olds. it's just $175. why the man behind it says it's all good, clean fun. >> flaunting it. lady gaga responds to her critics about gaining weight, by revealing more than she has before. posing candid snapshots online. and opening up about her most personal struggle at all. could her opening up strange the way that young girls look at their bodies. >>> and good morning, everyone. robin on her medical leave today. glad to have amy robach here with us. >> thank you. >> a showdown at the u.n. just hours from now. thers president ahmadinejad, he's set to saturday the assembly, one day after president obama told the council that iran cannot get a nuclear weapon. >> this is his last address to the u.n. as president. we'll have moore on what we can expect from him. >>> we'll also from
nbc news wall street journal marist poll shows president obama leading mitt romney in new hampshire. they are neck in neck in nevada and carolina. nbc's steve handelsman has more. >> reporter: ten miles from the pentagon in springfield, virginia, mitt romney spoke to veterans blaming president obama for the agreement with republicans to slash defense spending if there's no budget deal by january 1st. >> and the idea of cutting our military commitment by a trillion dollars over this decade is unthinkable and devastating. >> reporter: romney's polls in this battleground state look potentially devastating. he's trailing by 3 to 7 p ers percent. romney backers like dave milne are worried. >> he has to get a little more fire in the belly. >> reporter: more romney the businessman suggests soccer mom monica camera. >> he needs to bring up the economy. >> reporter: president obama was in virginia pushing an elitist image of romney in a tv ad to run here putting faces on the 47% of americans romney says he sees as dependent on government. >> i see hard working virginians, i see students tryi
could dissipate while police try to obtain that warrant. >>> president obama spoke at the united nations general assembly. he addressed several issues critical at home and across the globe. the president denounced the anti muslim video that sparked protest worldwide as well as the reaction. and he specifically spoke on the attack on the embassy and the attack of four americans. >> nuclear weapons in iran will not be easy to contain. >> reporter: president obama said there is still time and space to resolve the iran issue throughdiplomacy but he went on to say the time is not unlimited. >>> how the president's speech addressed claims advanced by mitt romney. and each candidate's weakness just six weeks to election day. >>> well it's no longer just a sports story. the lock out of nfl referees has now captured the attention of presidents both current and former. plus labor groups are also weighing in. they said that the dispute highlight it is need for qualified workers. matt keller live in campbell and he tells us folks there are still talking about that confusing conclusion to yes
's blood alcohol level could dissipate while police try to obtain that warrant. >>> president obama spoke at the united nations general assembly. he addressed several issues critical at home and across the globe. the president denounced the anti muslim video that sparked protest worldwide as well as the reaction. and he specifically spoke on the attack on the embassy and the attack of four americans. >> nuclear weapons in iran will not be easy to contain. >> reporter: president obama said there is still time and space to resolve the iran issue throughdiplomacy but he went on to say the time is not unlimited. >>> how the president's speech addressed claims advanced by mitt romney. and each candidate's weakness just six weeks to election day. >>> well it's no longer just a sports story. the lock out of nfl referees has now captured the attention of presidents both current and former. plus labor groups are also weighing in. they said that the dispute highlight it is need for qualified workers. matt keller live in campbell and he tells us folks there are still talking about that confusing con
it is not causing any incident or delays james. ok erika thank you. president barack obama and republican mitt romney are pitching to college students and working-class voters in ohio today less than a week before early voting kicks off in the critical midwestern states. >> from the plant's three stops in major papaw's in areas as well as president obama. losing in ohio would dramatically narrow promise path to that 270 number that he needs for electorial college votes to win. >> americans may not be that crazy about president obamas health care law but they do not see is going away anytime soon. americans think the overall will go fully with some changes rairanging--the big expansion for the uninsured does not come to 2014. >> we have much more straight ahead when we come back. >> we are back some world news president mahmoud ahmadinejad is set to address a general assembly today. he accused the united states of bullying and dominating. as the president takes the stage he may not have much of an audience as many world leaders are expected to walk out in protest when he takes the podium. mary
. which candidate has the better energy plan in your view? >> well, obama has no energy plan. he talks about energy a little bit. he never has a plan. romney has a good plan, and i believe romney will carry it out. that all the people that have run for president since nixon, republican and democrat, have always said elect me and we'll be energy independent. romney has not said that. he has said with a north american alliance, that we can bring together mexico, canada, and the united states, and we can be energy independent using all of north america. but that's good because they're good neighbors. we work well together. all that can be accomplished, but romney is realistic about a plan. his plan is use our own resources. >> and we know that's a job creator. do you think he has a shot to win the election? >> oh, i think he will win the election. i think he has energy as a big component. there are 30 states in the united states now that produce energy. when i went in the energy business a long, long time ago, there was only nine states. there are 30 states now. so millions of jobs are cr
. >> the obama campaign engaged in character assassination. >> oh, sure. they completely misrepresent my point of view. >>> today at the united nations, benjamin netanyahu will issue dire warning on the nuclear program. >> hundreds of passengers endure a frightening landing, it straightened out as the train touched down. >>> a dying man's tip may lead to the final resting place of jimmy hoffa. police will drill beneath concrete in suburban detroit. it shows a teenager aiming a rocket launcher. >> a good way to get around town. we'll check this out. users can navigate their way under water. >> do you mind if i ask you a lot of dumb american questions? >> fire away. >> i love poland. i love the polish people. i like polish hot dogs. i like stripper poles. >> iran's president mahmoud ahmadinejad called for a new world order for western powers. >> everyone will get a mad dictator bobblehead doll. it's a collector's item. ♪ ♪ ♪ >>> welcome to "cbs this morning." national football league officials are going back to work over three weeks of outrage, the nfl and regular reps agreed overnight on
, thanks so much. president obama and mitt romney are getting ready for their first debate this wednesday. some conservatives say mitt romney needs a to do a better job selling his tax message which at times seems a little bit muddied. lou dobbs is here to weigh in. i think that was generous. >> very generous. by the way same can be said and should be said of president obama. what these two men are doing, in their economic policies, excuse me, is truly bizarre. they're both obfuscating a bit. to what end, one doesn't know. when you try to win election, seems to me, and i have only covered six presidents but i think it is better if you're clear and direct as you can be with the voter if you want them to vote for you. that is just my feeling. melissa: yeah. >> unless you've got a record a little like mr. obama where you don't need them to focus in quite so sharply on your record, maybe a little fuzz is good. when you were the guy coming at him, you better be sharp and focused and neither man is, i think entirely achieving his goals. melissa: the president, so much of his campaign focused on
the parties involved, how much our personal relationships between netanyahu, president obama, netanyahu, mitt romney, how much is that playing into what we'ree hearing about this and other issues? >> i don't think what the prime minister did yesterday had any, but i think people seem to discard the importance of personal relations. in a politics and international relations or even national affairs, not love affairs and not all about rumors. at the same time personal relations come and all you have to do to have this brought home to you is remember the very bad relations between president roosevelt in the second world war, a very great extent america's decision to enter the war, to help the united kingdom because of the disdain and distrust between those two leaders. i believe personal relationships to count and i hope whoever the next resident i is, relations between him and the prime minister of israel will be as they always were. warm, trustful, genuine and ones of great strategic alliance. connell: thank you very much for coming into the studio today. appreciate it. thanks. dagen: vast maj
this economy is enacting extreme austerity, and this debate is relevant whether it's obama or romney. is austerity actually denting growth, is it creating more problems than it solves. let me give you one example. we have a sales tax in this country that has been raised from 16% to 18% to 21%. that has created a slight inflation issue. now, pensions are inflation linked. and this country in november has to increase pension abouts by inflation. so by raising 2.5 billion euro v.a.t., it will cost them 3.5 billion euro misincreased pension costs. so you can see the conundrum. they're enacting enormous amounts of austerity, but that's denting an economy which is already in recession. its second since 2008. and things are getting worse. 25% unemployment, a million up sold homes. and we haven't even talked about the banking crisis and the autonomous region, some of which including catalonia are looking trying to get some form of assembly. it is a toxic mix. >> imagine that there will be pressure on markets as this they think unfolds. we're also counting down to the wire here of course in t
facing a 20 billion euro shortfall. >>> and mitt romney and president obama disagree over israel ramping up the rhetoric. >> and foxconn shuts down a northern chinese factory after a brawl involving 2,000 workers. >>> germany's sentiment index falls, and the mood continuing to u.s. futures. closing in on the start of the trading day, dow jones implied to open lower by more than 35 points. nasdaq and s&p 500 also looking to shed their gains, as well. take a look now at the cnbc ftse global 300. down a third of a% in light of that data which hit just about an hour ago. european markets she the ftse 100 down 0.4%. xetra dax this one in focus this morning, that's down 0.6%. cac 40 down almost 1% this morning. this ahead of a key budget unveiling. ibex 35 not benefiting from the risk off attitude. down 1.6%. >> and i think the ifo number, we had a better pmi out of germany last week, so the expectations it would hold up and it didn't. but it is worth pointing out 50% of the responses were taken before the constitutional court ruling in germany. quite a lot of paper being issued by italy this
. >> the united nations general assembly meeting president obama up speaking about... i run and president will be speaking at 8:00 this morning. there'll be protests about him speaking on this holiest day in the jewish year. the week the leaks founder will be speaking by video link. he is holed up right now and the ecuador and the sea where he is seeking asylum. he fears he will be turned over to the u.s.. coming up we will check in with the i iranian president. >> the time is now 7:22 a.m. and will continue on this wednesday morning. here's a look at the golden gate bridge. the commute is looking good for marin county. there is heavy traffic on the bridge but is county. another oneavy killed by lime scale. how can the dishwasher do its job ? adding finish power up to your detergent brings your dishwasher back to life. dishwasher buildup, cloudiness, spots, even tough stains-- gone ! so don't give up. add finish power up. wow ! see the difference. i wish i had u-verse when i was your age. in my day, we didn't have these fancy wireless receivers. blah, blah, blah. if i had a sleepover, i c
a flood of chinese tires threatened a thousand american jobs... it was president obama who stood up to china and protected american workers. mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? >> live pictures there. this is the united nations general assembly. that is the new egyptian president mohammed morsi. he is addressing world leaders there. he has a lot on his place. he has a lot to account for where are his new president, he is of the muslim brotherhood. he has ho to show that he is in control and power of the situation there in light of a lot of unrest in that bafr the world. >>> the drawdown from afghanistan has been happening in phases, as we know, with thousands of american troops now finally coming home. well, the ultimate goal is for afghan forces to take full control of their own security by 2014. cnn's anna corin is looking at one facet of this power transfer and how they actually do this, and that is the dangerous job of trying to diffus
prediction numbers show wall street spending president obama will easily win reelection. mitt romney, 75% to 25%. wall street is buzzing about the next obama treasury secretary. charlie gasparino -- we will talk about -- charlie: regular raffs screw up all the time too. i like roger goodell. we won't go there. let's talk about wall street. we should check out so people understand these numbers wall street is heavily supported according to the latest data. 75 to 25 with financial institutions and executives going to the latest. that changes when it looks like one side is winning and it looks like obama is winning. the next batch of numbers could be different but as of right now i snapshot. they want romney to win. is a different dynamic. in trade is the prediction. wall street guys and traders betting on who would win. they are betting overwhelmingly that obama is going to win and when you talk to people, and what is coming next. who is going to be primary regulators and the person calling shot? federal reserve, big-name for wall street, the primary regulator and banks and they play a big
airport as it was flying president obama to a campaign event. the pilot deciding to pull up, circle around and try again. reporters on board say the jet hit bad weather and turbulence on approach to toledo express airport. news crews on the ground were a bit confused about what was going on. listen very closely. >> that's really hard to listen there -- or to hear that. moments after this you could hear someone on ground say that was interesting. air force one did land safely on second try. >> thank goodness for that. >>> the boy scouts of america doing damage control. they've released a study claiming that children were safer from sex abuse in the scouts than they were at home or at school. that study was prepared by a psychiatric expert hired by the boy scouts after a newspaper reported the group failed to report hundreds of suspected child molesters to police. s.n.a.p. calls the scout study ser self-serving and the writing of a spin doctor. >>> the university of california is offering to set a class-action lawsuit to students who were pepper sprayed during a demonstration last year. that
. but pointless, really. going to lose to the reds one way or another. >>> both president obama and mitt romney will be in ohio today. the story behind that swing state. >>> welcome back. take a look and you'll see that the dow futures are slightly higher. s&p futures up by close to two and a half. this comes after the market ended on its weakest levels of the day yesterday. yesterday was the worst day for the month of september for the dow. it was the worst day in two months for the nasdaq and it was the worst day in three months for the s&p 500. all of that kind of playing out overseas as well. in europe this morning, you are going to see some red arrows. a lot of concern about what's happening as protests pick up in spain, and you see more concerns coming in greece right now about austerity measures. the german dax is down by about 1.5%. the nikkei in japan was down by 2%. >>> in "sporting news," the atlanta braves are on their way to the postseason in. the boft the ninth against the marlins last night, freddy freeman connected and takes it to straight center for a walk-off homer. exciting.
insurance, the reason why i am leaning toward obama -- and i really do not know what obamacare is, but from what i understand ifrom mitt romney, he doesn't believe in any care. my husband has high blood pressure. he was not a mechanic ever insurance we went to, and he could not pass the physical. the insurance company would not injure him. i tried to buy him insurance. as soon as he said he was employed independent, nobody would injure him. that is my big issue. when people have worked their whole lives and they get sick, we should be able to buy insurance. host: dr. makary, what role -- and if you want to address her specific point, that is fine, but what role do the insurance companies play in this unaccountableness, as you call it? guest: we have had no good ways to measure the quality of health care. the insurance companies have been eager to get into the business of looking at performance and use it as a way to pay hospitals and doctors. the problem is, we have not had a good measure until now. there is a very exciting revolution taking place in medical care now. it is in medicare webs
, then military strength, preferably by the u.s. >> [indiscernible] >> this is the key. president obama is running for reelection. he understands that the last thing he needs is more uncertainty. oil prices could quadruple. plunging markets, more americans dying in afghanistan as a consequence of iran in troublemaker in -- troublemaking. as of right now, he does not accept the notion that this is a war of necessity. israel believes so, but no one else in the international community right now believes it. >> could there be a difference path for iran? >> i do not know. i suspect the intelligence agencies and the pentagon will provide cautionary tales and lay out their risks of what a unilateral american military strike would be like. this is not a 2012 issue. this will be joined sometime. the prime minister actually stated it -- >> next summer. >> yes. and he has compromised credibility and deterrent capacity because the truth is, no one is going to strike iran most likely until any time next spring. what good is a red line if you do not enforce it? >> just to move on, harsh words from the palestini
of an unstable system. every president has made the same promise to with roosevelt including mr. obama. if you would just follow my policies, these presidents have all said, not only what you get out of the current economic mess but, pregnant pause, we will thereby make sure this kind of economic crash does not afflict her children. every president has promised that no president has yet delivered on that promise. everyone has failed. we can't control it. the monetary policy commences for policy, federal reserve, seamless program. we were supposed to have this crisis. what moore had made to reduce jicama were told by mr. bush advisers that he was just in the housing market subprime mortgage would all work out. they regularly told us the federal reserve has just such on the quantitative easing program number three. the reason they pump money for the third time is because the first two didn't work you did recently had to to have multiple stimuli was because they didn't work. so it is a very unstable system. it is not clear what that is about, except that it's very deep, built-in and the reason we
house, mitt romney and president obama are working to win the hearts and minds of voters. or american voters in the key swing states. america remains a 50-50 nation, split between republicans and democrats. the atmosphere has become so poisonous that the kind of bipartisan politics necessary to make government function are often missing. our correspondent reports from florida. >> the clips and the glamour, the ever-changing landscape of the miami skyline. for many americans, miami, but avian, too gleaming and in 2012, all eyes are on this state. >> florida matters, that is what we are going to be told over and over again. 29 votes. it is a big state that could make all of the difference between obama and romney. all of that is true. but who cares? or to put it more precisely, are we missing the bigger picture for florida and the rest of the united states? which is that this country has become ungovernable. its politics are poisonous. miami dade colleges the biggest in the nation. 175,000 students. all of them called on the streets in this massive voter registration drive which comes a
people want to see results now not in the distant future. >>> u.s. president barack obama challenged world leaders to stand up against violence against americans. he said his government had nothing to do with the film made in the u.s. that ridicules the prophet muhammad. >> i have made it clear that the united states government had nothing to do with this video. it is an insult not only to muslims but to america as well. that i witnessed after nearly four years as president, that i remain ever hopeful about the world that we live in. the war in iraq is over. american troops have come home. al qaeda has been weakened. and osama bin laden is no more. >> obama took the podium six weeks before the u.s. presidential election. he spent much of his time defending his record on foreign policy. >>> a british territory trying to highlight the suffering of children in syria's civil war. save the children says the violence is causing psychological damage. the charity released a video report to coincide with the start of the general assembly meeting. a spokesperson says many children have seen fa
are today. for president obama it is his thirteenth trip this year. he is stopping at two university's. mitt romney making three stops. he has been to ohio ten times since many. now back to melissa frances. rich: thank you so much. lovely and talented. president obama will easily win reelection in november. in trade prediction numbers showing him trouncing mitt romney 75% to 25%. wall street is buzzing about who will be president obama's next treasury secretary and charlie gasparino has the latest from the executive. charlie: i hate to say mitt romney is a loser now six weeks out. there's a lot of campaigning government of the oddball fbn -- melissa: sounds like four people abetting. charlie: the lot of people betting and it is usually right but it moves around a lot and it is usually right. in any event we are not announcing that romney is dead and the campaign is over. we are saying what they're saying and wall street and it is not just the traders that use it but used by traders and also inside the executive suites they don't see a chance for mitt romney winning and right now what they ar
, but would you vote for romney or obama. >> wait. i thought you were registering voters a minute ago. >> okay. >> i am. >> who are you registered? all voters? >> i'm actually trying to register people for a particular party because we're out here in support of romney actually. >> and who's paying you for this? >> oh -- let me see. we're working for the county clerk's office. >> okay. you cannot come out here and register one party, lady. are you working for the county clerk's office? i've got it all on tape. you're working on the county clerk's office? >> i believe so yes. >> you're only registering romney's people? >> we're trying to. >> and you're working for the county's office? what's your name. >> she said she was working for the county clerk's office but the county clerk said that's not true. he also said my office will not engage in partisan voter renl station, although he asked asking a preferential question before registering is not illegal now, cnn has not been able to confirm that, so what is the national republican committee saying about strategic actions? first of all, the party
's an ohio that hold canada campaigning today. president obama's spoke at the united nations and both candid spoke separately of the clinton global initiative in the work. >>> a nuclear arms for ron is not a challenge shechem be contained. it would threaten the elimination of israel the security of both nations and the stability of the global economy. >>> a lot of americans including myself are troubled by developments in the middle east. syria has witnessed the killing of tens of thousands of people the president of egypt is a member of the muslim brotherhood. our ambassador to libya was assassinated in a terrorist attack. >>> both candidates are expected to focus on the hot-button issue among voters the state of the economy. >>> running president is said to address the u.n. assembly today. on watt and this have been in the assembly all week long. >>> americans have repeatedly said that a dealer rally in government must change. changes behavior. sure but after all the what does that mean? him one country based on their own solo opinion the side and establish a road on for another country an
barack obama and hill we clinton, and a moment came where-- while not the best friend in the world. and fade, they're working together -- >> for four years and working together as well. >> rose: we have an excellent relationship with president obama, excellent relationship with president clinton. pomititionititions are sometimer the rude, and there have been times in the france when there was a good-- and there have been times where we have been like that. but when chosen as our candidate, we had a concern, a blind conversation. and he "me, dwowpt to work with me. and well, yes, are you our candidate and i will help you and he appointed me as minister of foreign affairs and we are looking like that. >> rose: would you have rather gone minister of finance? >> no, no. possibly 7 the only position i could take. >> rose: where goes europe, the euro zone, the european union, the ideal of idea, the political idea of peerp because awe also attracted a lot of attention because of your own battles having to do with membership in hir. >> not exactly, but six years ago, seven years ago, becau
. >>> at 4:33, the race for president runs through ohio today. president obama and mitt romney are campaigning in the buckeye state. romney has to carry ohio if he has any chance of winning in november. no republican has ever lost in ohio and won the presidency. he appears to have ground to make up. the republican presidential nominee trails president obama by eight points in the latest "washington post" poll. he also leads in florida among likely voters. he leads by nine points among registered voters. romney's campaign doesn't seem too fazed by this poll. aides say they're trusting their own polling. >>> the obama campaign continues hammering romney over his 47% comment. >> when mitt rom inney dismisse 47% of americans for not pulling their weight, he dismissed hard working people making $25,000, $35,000 a year. they pay social security. >> this is the second commercial the president is airing that criticizes romney for what he paid in taxes while dismissing the 47% of americans who don't pay federal income taxes. >>> ann romney is hoping this will help her husband win over v
from that podium is going to be worth watching and listening to, shep. >> shepard: president obama is also here in new york city set to speak to the u.n. tomorrow. today, governor mitt romney went after the president for calling recent violence in the middle east and north africa bumps in the road. >> this is time for the president who will shape events in the middle east, not just be merciful or be at membersy of the events of the middle east. i will get america on track to have the kind of leadership we need so we can save for the future of this part of the world and keep america strong. >> republicans are also criticizing the president for not meeting one-on-one with any world leaders this week. last year, he was here for the same thing. he met with more than a dozen. so what's the difference this time? we'll hear from the white house inside fox report. first, we're getting new signs that the big banks in our country have not stopped nickel and diming customers in recent years. you probably knew that listen to this. free checking accounts have actually suddenly become a lot hard
to the upcoming election. there's such a divergence of opinion between president obama and senator romney, where they want to take the country and what direction it would be. i think corporations are just holding back cash. i think individuals are holding back cash too. we're seeing less investment in the marketplace. if we're going see the fiscal cliff, which i'm sure we'll talk about throughout the day, but if we're going to see the bush tax cuts roll off, we're talking about dividends going up significantly. right now you cannot get any yield. everyone is chasing yield. you can't get it from the united states government. they'll pay you nothing. people are going say, wait a minute, now i have to pay 36% and i have risk in the marketplace. these are a lot of big issues. >> i know you meant governor romney. >> let me apologize. >> do you think we go to the election and are in standstill mode until then? once we get the clarity of who's in the white house, what's your expectation? >> i do. i don't anticipate a lot. i know people are talking about that we'll see more in the early parts of novembe
obama as to how to prevent the need for a strike on iran. obama's strategy seems to be based on some sort of wishful thinking, whereas netanyahu's is kind of more built upon historical context and what has prochb to proven to be a success in the past. the only time we've ever seen iran suspend their nuclear program was back in 2003 when the threat of credible military action was real. what netanyahu is coming out and saying today is we better make that real. otherwise, you know, it's going to hit us where we least expect it. >> so, john, what do you think an israeli strike on iran would do to the price of oil and the markets? i mean, obviously this has much broader implications for the world and people's lives, but taking a look at the oil markets, how destabilizing would that be? >> you know, it will depend, maria, on what the strike looks like, to be straight here. a pinprick type of operation like they did in syria and iraq years ago would certainly spike the price of oil. you're going to go right to that 2008 $150 high. maybe even higher. but do we stay there? that's the question
. >>> still to come this morning on squawk, president obama, mitt romney and their respective campaign staffers hitting the airwaves. we'll have some of the highlights. and in the next hour, we have two of the world's most renowned scholars in the field of energy. why they argue that the situation in iran could be a game changer for crude prices. meantime, iranian hackers are have said to have attacked jpmorgan and citigroup. we'll talk cyber security. and ask reputation.com's michael fertik is the nation's banking system is at risk. ffrs . >>> tomorrow on "squawk box," an hour with our guest host barry diller who ran pariramount and fox. we'll talk politics with jeb bush. at optionsxpress we create easy-to-use, powerful trading tools for all. like our all-in-one trade ticket. we put strategies, chains and positions all on one screen. start trading today with optionsxpress by charles schwab. >>> last night both mitt romney and president obama were on "60 minutes" and this was a chance to see both of the candidates. it was a very interesting way of watching about it, among the topics th
europe's crisis. >> and president obama is set to address the u.n. general assembly in new york a day after inflammatory comments from ahmadinejad. we're looking for a bit of a rebound after closing lower yesterday. dow jones trying to add about 10, 11 points here. nasdaq and s&p also looking to add here. but again, this follows a down day yesterday. but it was a monday, so what do you expect. global 300, we can focus in here on the european bourses because we were across the board same thing, indecisive attitude. ftse 100 basically flat. xetra dax 4/10 of a point. cac 40 down 0.4%, so not just germany. ibex 35 trying to add 0.3%. it did just auction off debt paying a little bit more for those 12 month bills than last time. >> we did see as kelly rightly says yields slightly higher. spanish debt yields there also slightly higher. look at this, ten year u.s. yield now 1.69%. so we are back to the levels if not below the levels we were at before the fed announced another bout of quantitative easing. euro-dollar pretty much at the levels we were at this time yesterday. dollar-yen is weak
election. as a democrat president obama receiving a lot of criticism for not meeting this week at the general assembly at the u.n., in front of world leaders. what's your view on that? do you think he should have? >> look, we're in that season; right? we're in the season where whatever you do, the other side is going to do it wrong. there's no real problem between our government and the israeli government. the defense minister pointed out we have best relations between israel and united states of the securities we have ever had. we have operation iron dome which allows the folks in israel to be protected from these rockets. i think it is one of those things that it is election year thing. connell: but the week of the u.n. general assembly, you don't think that's a fair political criticism from the other side? say hey listen, there's a lot going on here in the world, you should have sat down with them, you don't think that's fair? >> i don't think it's fair. he keeps good communications with the rest of the world. our relations with the rest of the world have been better than a
to volatility that we're seeing this morning. >>> u.s. president barack obama called for an end to extremism yesterday. he also paid tribute to christopher stevens, the u.s. ambassador to libya who was killed during recent protest. in his last major foreign policy address before the upcoming election, obama also reiterated his desire to find a diplomatic solution with iran, but warned that time was running out. usef joins us from iran now. as we can expect to hear from ahmadinejad later today, what might he -- are we going hear any change in rhetoric from the past? how much will the world's attention be focused on this moment? >> well, kelly, you're right. president mahmood ahmadinejad's speech is expected for later today. it comes actually quite at an interesting time because it would be the hollywoodiest dies jewish calendar. of course, obama's speech comes at a time when the united states is facing a very difficult situation in the middle east. we saw the ongoing protests, and of course, anti-u.s. sentiment is at relatively high in terms of its historical sort of context. but again, peace
discussed would offer opportunities for governor romney or president obama to score political points. and what that argument might sound like on these issues. is there any chance that either of them will try to do something like this? >> i think it would be a reference back. because the economy takes all the oxygen out of the election with a little bit of foreign affairs, the supreme court does not play against undecided voters. it is a motivator to get out and get to the polls. you want this person to replace justice ginsberg when she retires for example. you want to know if there's any practical experience, and the obama at the lustration has declined to defend the defense of marriage act. present romney might decide he would defend the constitutionality of that statute. it does seem like that has a lot of salience and presidential debates. i.t. think it will not happen. here is why. no major national political figure has attacked as publicly since 1996 or before. it is remarkable. the republicans were seeing some political profit in attacking affirmative action given the polls. th
all registered voters, obama hold as five point lead, but 52% of them are being a stros swi acrosses swing states, they favor the obama. the debate starts wednesday at 8:00 p.m. eastern. >>> and if president obama is reelected, one of the first job may be to find a replacement for geithner. the wall street journal reports the white house chief of staff jack lew and former clinton chief of staff are two top candidates. both budget experts and could play a major role in the looming fiscal cliff. >>> nokia's into another big customer for its mapping software. the "wall street journal" says the company will unveil a deal with oracle today in san francisco. nokia also recently signed deals with groupon and amazon. nokia a got into the map business with it purchase and has been expanding the service. and back to the banks, shares in banco have been suspended. the bank has announced it will report record write downs of 9.3 billion euro this is year and have suspended its dividend this month. julia has more reaction to what they're saying. they'll launch the share increase by mid november. d
talked and the fact that obama is leading in the polls and the market has to consider the fact that aggressive rises in capital gains tax. that may be a fact. at what point will people sell anticipation of that, do you think? >> i think they are nervously watching and they bought into the qe thing assuming that the gridlock will continue and perhaps from the presidential polls to the presidential election polls. and if there is still not complete control by any one party, the deadlock will continue and the market will be mollified with that. >> you mentioned what you would do if you were at the sidelines at this point in time and "the wall street journal" article was interesting, sort of implying that fund managers were up and will actually sell. the vast majority of mutual fund managers and hedge funds are underperforming their marks. do you think this is going to be a force in the market, as "the wall street journal" wants to make it? it seems to me that the moneying managers outperforming are in such a minority that even if they went to the sidelines -- >> we've seen it. we'
span, c-span radio, and online at. in a few moments, president obama's speech to the un general assembly. in half an hour, mitt romney is that the clinton global initiative. after that, a discussion of relations between the u.s. and pakistan. >> watched and engage with c- span, including our live debate preview starting at 7:00. post-debate, your reaction and comments. follow our live coverage on c- span, c-span radio, and c- span.org. >> president obama's speech to the u.n. general assembly include comment on the video that sparked protests in the muslim world, iran's nuclear program, and violence in syria. this is half an hour. >> i have the honor to welcome to the united nations his excellency, barack obama, president of the united states of america. >> mr. president, mr. secretary general, fellow delegates, ladies and gentleman, i would like to begin today by telling you about an american named chris stevens. chris was born in a town called grass valley, california, the son of a lawyer and a musician. as a young man, chris joined the peace corps, and taught english in morocc
action until a new administration comes in, either romney or barack obama in the second term. secondly, the administration has been certainly cautious about a sort of intervention, military intervention in syria. libya and syria are apples and oranges that they are quite different. libya was isolated regionally and internationally in a way that syria is not. it has the support of her rant, support russia as well as other countries that complicate the regional level and international level. finally, there've been calls to record the safe havens. i'm not a military expert, but everyone i console say that requires a no-fly zone. syria has mr. advanced and sophisticated system provided by the russians that libya did not have. there'll be much more difficult and dangerous for an assertive u.s. coalition coalition to go when in terms of military intervention to create safe havens, establish no-fly zones. even in libya it was nec and syria again is just a much more difficult situation militarily. >> host: the title of your book, "syria: the fall of the house of assad," why that title? >> gues
to our election 2012 coverage, for the second time in many days president obama and republican mitt romney were campaigning in the same state. yesterday it was ohio. today both spent time in virginia where the economy remains a dominant issue. >> our economy needs to be reinvigorated, and the president has laid out his plan. it's a continuation of the old plan. we can't afford four more years of the last four years. all right. >> romney also making while reaching out to veterans and service members. >> my opponent thinks it's fair for somebody who makes $20 million a year like him pays a lower rate than a cop or a teacher who makes 50,000. >> president obama was in virginia beach. he also talked to veterans and service members who spent 40 days now left for the election both candidates are spending the bulk of their time campaigning in swing states. >>> the california transportation commission today allocated $40 million caltrain to modernize track and eventually integrate into california's high speed rail project. the money will go toward a new high-tech signal system that prevents
poll by the "washington post" finds the race still very tight nationwide with president obama leading mitt romney by two points, 49% to 47%. but in two of the biggest swing states, the states that will decide the election, the president has a bigger lead. in florida, a quinnipiac university/cbs news/"new york times" poll has the president ahead by nine points, 53% to 44%. in ohio he leads governor romney by ten points, 53% to 43%. john dickerson is our cbs news political director. john, some republicans are complaining these polls aren't painting an accurate picture. do they have a case? >> reporter: well, they have a case when they remind us that polls are a snapshot in time and that things can change. really what we should look at in polls is the trends and how things are moving over time, the currents. and right now those favor barack obama. the polls are really more like a painting than they are a digital photograph. one of the other complaints is that pollsters are talking to too many democrats. in 2004 democrats said pollsters were talking to too many republicans. it's a standar
.2 million on his office. the decorator decorated the white house. >> the obama's brought him inned too the white house. >> yes, whatever the guy was; a $1400 parchment paper waste waste wastebasket. >> oh, charlie. >> that's where we are now. he's shopping. they have not called me back. >> that's shocking. your eye is healed. >> he did not take a shot at me. >> okay. >> that was just the guy on the street. congratulations. charlie, thanks so much. all right. let's talk politics. mitt romney's 2011 tax returns are public. is he paying the fair share? help or hurt the campaign? up next the economic writer, steven moore, on romney's battle for the white house. >> first, a look at winners and losers on the s&p500 as we head to break. international paper topping the list at about 3.5%. we'll be right back. want to try to crack it? yeah, that's the way to do it! now we need a little bit more... a little bit more vanilla? this is great! [ male announcer ] at humana, we believe there's never been a better time to share your passions... because the results... are you having fun doing this? yeah
, curtis. again a lot of people are fearful if obama wins re-election that is the path we're headed on. what do you expect to happen to tax rates if he is reelected? >> you know, president obama does want to raise taxes. i don't think we'll ever go back to rates in the 70s of 75%. we've been there, done that. i don't think we'll go back to level. however president obama wants to raise them from 35% today to above 40% starting next year. that would slow the economy. it would reduce job creation and keep us stuck in the low growth, high unemployment environment we're at right now. lori: just for my background sake here in the u.s. we're at about 1% expansion rate. what is the highest level of income taxes you could pay to keep us in a free enterprise capital structure society? >> well, you know, i think it is hard to pick a particular rate because it depend on the tax base and a lot of other things. however, you know, right now we're at 35% and we have no growth. a lot of people point to the clinton years, you know what, we raised taxes and economy grew. go back and look at the in those
a lot. >>> the united general assembly's 67th session opens today with president obama getting ready to take the stage at any moment. conflict in the middle east will be one of the key topics of his speech. we are at the white house and joined with a quick preview. >> reporter: two main subjects on the aden gentleman going to the yutss today. we are going to talk about the violence in the muslim streets that culminated into the american ambassador to libya. and he'll talk about the nuke lower armed iran. i was going to say there are no words for the innocence of the killing we have seen. there's also no video to justify an attack on an embassy. there's no slander that provides an excuse for people to burn a restaurant in lebanon or destroi a cool in tune this -- he does not think that the united states can live with the nuclear armed iran. carl, one point to think about as we think about the president's remarks here, he's been under fire f, and the obam camp is making an important issue, obama is clearly walking a tightrope today and doesn't want to threat up his re-election chances.
on c-span, president obama back on the campaign trail today in ohio. stops this afternoon. early voting begins in ohio. we will have the president's remarks this afternoon live it 5:40 eastern. next week, watch and engage with c-span as the presidential candidates made in the first debate from the university of denver, our live debate preview begins at 7:00 p.m. eastern. the 90 minute debate with questions focused on domestic policy. after the debate, your questions, comments, and tweets. >> september 11, 2001, was a day that changed my life forever. it changed america's life. i'll go through a power point presentation that will outline the account, the historical account of the attacks as things happen that day. a lot of things happened very quickly. i will do my best not to ramble on and go too fast. i will ask you to sit back, clear your mind, put yourself in that room, and you get a real sense of what it was like to get the top of the food chain, the national command authority as a nation of 300 million americans was attacked by 19 al qaeda terrace. >> if more from retired lt. carl
area today which a republican hasn't won in nearly 25 years. pennsylvania, that is. president obama sticks close to washington today, though, with three fund-raising events. both men were in virginia yesterday catering to the state's strong u.s. military and defense industry presence. mary jo is still with us. is mitt romney in pennsylvania because he thinks there's a chance? how important is winning pennsylvania to him? >> pennsylvania is one of several battleground states in this election and it comes town really to a handful of states including ohio and florida and of course pennsylvania and virginia. the undecided vote so far is very small, but let's keep in mind at this stage ronald reagan in 1980 was running about five points behind jimmy carter. by mid october, he was 13 points behind and yet he won the election by nine points. >> what do you think will be that catalyst for swinging things in mitt romney's favor? >> a strong debate by mitt romney. there are three of them coming up. a misstep by the president. some sort of international incident to thinks that might come out a
to lower restrictions on finance and investment. the obama administration will need to get approval from congress for the changes. some u.s. lawmakers remain concerned about myanmar's treatment of political prisoners and ethnic minorities. washington will keep a watchful eye on the progress of myanmar's reforms as it eases sanctions. now, aung san suu kyi is also in new york on wednesday. she took part in a u.n. symposium on education. she's been working hard to improve myanmar's ties with the outside world. observers say thein sein is stressing his alliance with the opposition leader to convince western nations to eliminate sanctions against myanmar. >>> torrential rain continues to wreak havoc across pakistan. at least 370 people have been killed and almost 1,200 injured during this year's monsoon. the national disaster management authority says southern sindh province is hardest-hit. 188 people have been killed and more than 28,000 displaced in the area. heavy rain has also devastated the eastern province of panjub. 60 people there have died. army troops are working around the clock t
by president obama himself. they do describe them as surgical tools and incest the result in minimal civilian casualties. y resultinsist the re in minimal civilian casualties'. it is impossible to carry out first hand investigations because of the presence of the army and militants. this report is a result of data gathered by independent groups. they believe that 170 our children, and that when it and e there are civilian casualties, the u.s. administration has not taken responsibility. the authors are also carrying the the legal basis of these strikes particularly when those targeted are not connected to the 9/11 attacks of the united states. >> thank you very much. still to come on gmt, relief for the british government as a court clears the way for the extradition of terrorist suspects. here in britain, police are appealing to in school teacher who has believed to run away to france with one of its pupils to do the right thing and make contact with them and th. concerns were raised before the disappearance. this report contains some flash photography. >> for a fifth day, the 15-year- old r
contributors to barack obama. so let's focus on the left side of the aisle this morning. we're using fresh data here from the center for responsive politics, focusing on donors who gave to groups that contribute some or all of their money to the presidential race. we're going to start with number five, jeffrey katzenburg, the ceo of dreamworks. he and his company have been lobbyists for a lot of copyright companies in washington as well as protection against china. katzenberg attended a lunch with biden and top chinese officials. after that, dreamworks has a jv with the son of china's president. going on to our number four on the list is jim simons. he is the founder of renaissance technologies. and he is the richest of the democratic dee nonors with a ne worth of $11 billion. education is a big issue for the democrats. math education and reform of public education, big issue for jim simons, who i'm sure will be a big voice for democrats. remember, president obama's change of position on gay marriage this summer, shortly after that, he got a big check from a guy named jon stryker, architect in
applauded president obama as new policy allowing the qualified young illegal immigrants to avoid deportation. the president calderon spoke on the council on foreign relations in washington, d.c.. it about the drug trafficking and the movement of weapons across the u.s.-mexico border. this is about an hour. >> to have the president of mexico felipe cow roane -- calderone. this meeting is on the record and it is being communicated by videoconference so we beg you, turn off all of your wireless devices, phones, blackberrys, not to vibrate, but off. it's the maximum time of the conversation with the president. my introduction will be an diplomatically short. if you have the president's resume if your papers that were given to you as you entered the hall. let me simply say that president calderone, the yondah stuff five boies earned a bachelor's degree in the law and economics, and master's degree in public administration at the john kennedy school at harvard university. he became, a supporter of the party for the national action party becoming the president of the youthful organization and in th
want to pin you down though. do you believe in gay marriage in the same way that president obama felt the need to clarify his stand, recognizing the institution of marriage as being possible and, indeed, should even be legal between a man and a man and a woman and a woman? cain cain david, i'll go right to the end of my answer. i would let state legislatures because the rules and regulates about marriage have traditionally been state policy, i would let state legislators make the decision about whether they would accord that -- >> moderator: you're not prepared, you're not prepared -- kaine: let me finish. i would be fine if they did it and they labeled it marriage, civil union or domestic partnership. for me is test is, are people given the same legal rights and responsibilities regardless of their sexual orientation? i think legal equality should be the policy. >> moderator: governor allen. allen: i believe marriage should be between one man and one woman, and that's the definition i've supported. i don't believe in discrimination against people on account of their sexual preference
it as a china manipulate directory while obama accuses of profiting from jobs september overseas. >>> japan continues to take a hard line in its territorial dispute. let's go to the nikkei following the story for us. >> yes, prime minister noda is sticking to a hard line that japan will not compromise over its territorial issue dispute with china. in a speech to the urn and press conference yesterday, he stressed the islands are an integral part of japan and the issue should be settled under international law. but china reacted by saying china has broken international law. meanwhile the tensions continue to damage china related businesses. cancellations for flights to and from china have reached 40,000 seats. and production cuts are in china. >> stay there for one second. another story that we're following as relations between japan and china aren't going so well, japan may be getting companyier with myanmar. is that right? >> yes. the japanese government is teams up with myanmar's public and private sectors to set up a training center next spring. the aim is as to boost business skills to
if it was president obama gets re-elected, then at the high end you'll see the bush tax cuts not extended for the high end. and then -- but if romney wins it, you would see them all extended. is there one that would have a better outcome in your view? >> you know, i think there's a -- there's a tension between two different things here. on the one hand, there's a sense that in the very near term with a weak overall economic performance continuing that raising levels of taxes wherever in the distribution may have some negative effects on economic growth. and then there's a harder long-term question, frankly, which is how tax rates on capital gains, on dividends which feed through a somewhat complicated channel by encouraging various kinds of saving activity and ultimately lowering the cost of capital to businesses and encouraging investment, how that translates into long-term economic growth. that is frankly a difficult chain to try to measure in any precise way, and consequently it's harder to be able to trace through the quantitative impacts on growth to follow through on channels for that. >> to fol
economic growth and doesn't distort the tax system so much. david: when president obama says it is going to cost the middle class, that's because when it comes time to actually adding up the numbers and seeing if we get the same amount of tax revenue or less or more, you have to make some deductions, one of which is that this will stimulate the economy and, thus, more revenue will come in. the president is not making that assumption, correct? >> there is an assumption out there made by the tax policy center that basically says the only way you're going to pay for this is by hitting the middle class, by taking their deductions away. heritage comes back, another foundation, a conservative foundation, and says, no, they cooked the books on that whole thing. when you look at how all this is going to work out, it is still the decision of congress to figure out which deductions stay or go because romney has knotts detailed those things. part of -- has not detailed those things. maybe getting rid of those deductions don't pay for the entire tax cut, something called dynamic scoring. you assume
, baby. liz: he is great, obama buttons all over. >> this was the psychological breaking of the enslavement chain of breaking the color barrier. move on that. liz: thank you. >> god bless america, god was this the greatest nation in the world and the people, i love the people. the people. but m they say one thing beforee leave, one president, one would be president, john f. kennedy said if a free society doesn't protect them, help the poor vindicate the few that are rich. the other one is trying to be says i don't care about the poor because he has a safety net. let us work towards helping the poor. liz: 21 minutes before the closing bell rings. they have been fighting a volatile market gaining industries since then. fully 55%. is it a buying opportunity as they expand into brand new territories? chairman and ceo of caesars entertainment of how he is shaking vegas and going all in in the industry. 4g lte has the fastest speeds. so let's talk about coverage. based on this chart, who would you choose ? wow. you guys take a minute. zon, hands down. i'm going to show you guys
think obama is going to win and the democrats will win the senate, that is in the market already so the uncertainty you would normally expect going to presidential election unless something cataclysmic happens between now and the beginning of november, i don't think that will play a big part in the market. ashley: starting to get some real dire warnings. fed imac fedex stands out, how disturbing is that? tracy: it is interesting you bring up fedex. way back when, so goes gm, so goes the market. wal-mart was maybe the best indicator, fedex is the real indicator of what is going on in the u.s. economy. when it says the volumes are down and pricing is weak, i would go to school on that. ashley: thank you for joining us, appreciate it. >> thank you. tracy: state workers are making more than they are private company counterparts. you broke the story at noon, they are making more money than us. >> taxpayer watchdog citizens against government wages, state workers make 6% more in wages and benefits than employees performing the same job for a private company. every state government pays it
. something for candidates romney and obama in today's data. you can imagine romney pounding on the weak growth and obama saying hey, 286,000 more jobs out there and there's also something for bulls and bears but not much anybody from a sober analysis this remains a weak growth economy. melissa? >> thank you very much, steve liesman. >>> and from the u.s. to spain, let's head across the atlantic for more on spain's budget as the country hopes to avoid a bailout. steve sedgwick joins us live with the very latest. steve. >> reporter: yeah, thanks very much, indeed. we just heard literally in the last 20 minutes or so that the press conference, the announcement about this austerity that we've been waiting for all day will now get the conference in around about an hour's time. so all should be revealed about what rajoy intends to do. in the next stage of austerity. because i think the next stage because there's already been at least four bouts of austerity from this government since it came in in december last year. the last was a 2012 budget which we got 64 billion euros worth of austerity
in the first term of the obama administration we have had 12,649 new regulations. so there is a big difference. >> we have 4200 pending regulations. that is tremendous uncertainty for small businesses to have to deal with it. one of the things we want to make sure, when we talk about, and we hear our candidates talking, whoever is going to be in the next administration, we want to insure that we have a commitment that they're going to come in and do some of that spring cleaning. david: let's hope. >> we're not just looking for agencies to come tell us all what they have on their books, that their books are full. we want to hear them saying they will be cleaning out and doing the spring cleaning and set into place a whole new regime how regulations will be built. and small businesses will have a place at that table. david: let's hope they do. senator blanche lincoln trying to make sure they will from the national federation of independent businesses. good to see you, senator. thanks for coming in. >> you bet. best way to put the economy on track. liz: what was the website. david: the website, s
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